Five notes:
1. Orthopedic surgery volume was up about 75 percent compared to the first quarter in 2018.
2. Samaritan Healthcare’s net income was above target at $1,660,139 for the year to date.
3. Increased use of the lab and diagnostic imaging departments also drove outpatient revenue beyond projections.
4. Inpatient revenue exceeded budget by about 6 percent for the first quarter, primarily due to higher-than-expected volume for obstetrics cases and admissions.
5. Overall revenue fell short of expectations. The system’s first-quarter financial results could affect efforts to secure financing for a $100 million hospital development.
More articles on orthopedics:
3 trends in joint replacement surgery
15 orthopedic surgeon moves in March
New York health system welcomes 2 orthopedic surgeons: 4 key points
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